National Bureau of Statistics

The National Bureau of Statistics is a key institution in China that collects and analyzes economic data. Recent news highlights their importance as they provide insights into China's economy, including factory activity, consumption patterns, youth unemployment, and demographic changes. The NBS has been releasing data on China's growth rate, which has been affected by factors such as the US trade war and a property market crash. Their reports have significant implications for policymakers and investors, making them newsworthy right now. With China's economy facing challenges, the NBS' data is crucial in understanding the country's economic trends and future prospects.